
Why it is a Historic Buying Opportunity For Real Estate Investors
Before I get into the 10 success secrets, let’s talk about real estate and what’s going on in the market today. This is from an article I just wrote a couple weeks ago about what are going on in the real estate business.
All of you are aware of the tremendous impact that the financial crisis has had on the real estate market. The sales have plummeted. New home sales have really fallen off a cliff. The no-money down mortgages are a thing of the past. It will probably be our lifetime before we see them again.
Current Changes in the Market
There are tremendous changes going on in the real estate market. One of the major things that’s happening right now is that the homeowner percentage, that is the percentage of people that own a home hit a peak in 2005 at about 70%.
This took an extraordinary effort …